Thursday, September 11, 2008

Business applications of ecommerce

Ecommerce or electronic commerce comprises of purchasing and selling of goods and services over the World Wide Web or other related computer networks. The total amount of transactions made electronically has grown manifold times due to the widespread use of the internet. The different ecommerce transactions conducted includes supply chain management, inventory management, electronic data interchange, and electronic funds transfer and data collection.

The various business application linked to ecommerce includes:
1. Messaging
2. Online shopping
3. Conferencing
4. E-mailing
5. Newsgroup
6. International and domestic payment systems
7. Client and enterprise information reporting
8. Shipment and orders information
9. Spreadsheets, documents and database
10. Finance and accounting systems

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